Current Budget
| INCOME |
|
Tuition (Weekly) |
Number |
Week |
Annual |
| Infant Program |
190.00 |
13 |
2,470.00 |
128,440.00 |
| Toddler Program |
180.00 |
16 |
2,880.00 |
149,760.00 |
| Preschool Program |
170.00 |
52 |
8,840.00 |
459,680.00 |
| Total Enrollment |
|
81 |
|
737,880.00 |
| Estimated 80% Utilization Rate |
|
|
|
590,304.00 |
| Registration Fee ($100.00/child annually) |
|
|
|
8,100.00 |
| Total Tuition Income |
|
|
|
|
598,404.00 |
| Other Income |
| USDA Food Subsidy |
|
|
|
12,000.00 |
| Grants |
|
|
|
5,000.00 |
| Fundraising |
|
|
|
4,000.00 |
| Late Pick-Up Fees, Late Payments, Miscellaneous |
|
|
|
750.00 |
| Total Other Income |
|
|
|
|
21,750.00 |
| TOTAL INCOME |
|
|
|
|
620,154.00 |
| EXPENSES |
| Position |
Number |
Annual Salary |
| Director |
1 |
32,000.00 |
|
32,000.00 |
| Assistant Director |
1 |
28,000.00 |
|
28,000.00 |
| Lead Teachers |
6 |
23,000.00 |
|
138,000.00 |
| Full-Time Assistant Teachers |
5 |
20,000.00 |
|
100,000.00 |
| Full-Time Foreign Language Instructor |
1 |
21,000.00 |
|
21,000.00 |
| Substitute(s) |
|
|
|
9,000.00 |
| Full-Time Custodian (@ $7.50/hr.) |
|
|
|
15,600.00 |
| Full Time Food Service Worker (@ $8.00/hr.) |
|
|
|
16,640.00 |
| Total Salaries |
|
|
|
360,240.00 |
| Benefits (Estimated @30%) |
|
|
|
108,072.00 |
| Total Personnel Cost |
|
|
|
|
468,312.00 |
| Other Expenses |
| Rent |
|
|
|
72,000.00 |
| Utilities |
|
|
|
6,000.00 |
| Food |
|
|
|
24,000.00 |
| Equipment |
|
|
|
6,000.00 |
| Supplies |
|
|
|
4,000.00 |
| Insurance |
|
|
|
5,000.00 |
| Repairs for Outdoor Play Area |
|
|
|
2,000.00 |
| Professional Development—Meetings, Conferences, Training |
|
|
|
8,000.00 |
| Diversity Training Seminars |
|
|
|
650.00 |
| Total Other Expenses |
|
|
|
|
127,650.00 |
| TOTAL EXPENSES |
|
|
|
|
595,962.00 |
| BALANCE |
|
|
|
|
24,192.00 |
Please Update Budget
| INCOME |
|
Tuition (Weekly) |
Number |
Week |
Annual |
| Infant Program |
|
|
0.00 |
0.00 |
| Toddler Program |
|
|
0.00 |
0.00 |
| Preschool Program |
|
|
0.00 |
0.00 |
| Total Enrollment |
|
|
|
0.00 |
| Estimated 80% Utilization Rate |
|
|
|
0.00 |
| Registration Fee ($100.00/child annually) |
|
|
|
0.00 |
| Total Tuition Income |
|
|
|
|
0.00 |
| Other Income |
| Total Other Income |
|
|
|
|
0.00 |
| TOTAL INCOME |
|
|
|
|
0.00 |
| EXPENSES |
| Position |
Number |
Annual Salary |
| Director |
|
|
|
0.00 |
| Assistant Director |
|
|
|
0.00 |
| Lead Teachers |
|
|
|
0.00 |
| Full-Time Assistant Teachers |
|
|
|
0.00 |
| Full-Time Foreign Language Instructor |
|
|
|
0.00 |
| Substitute(s) |
| Full-Time Custodian (@ $7.50/hr.) |
| Full Time Food Service Worker (@ $8.00/hr.) |
| Total Salaries |
|
|
|
0.00 |
| Benefits (Estimated @30%) |
|
|
|
0.00 |
| Total Personnel Cost |
|
|
|
|
0.00 |
| Other Expenses |
| Total Other Expenses |
|
|
|
|
0.00 |
| TOTAL EXPENSES |
|
|
|
|
0.00 |
| BALANCE |
|
|
|
|
0.00 |
Sheet3
